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Jubilee Metals elects to exercise its earn-in at Kabwe

Date: Feb 7, 2018
Jubilee Metals Group Plc (LON:JLP) has completed its due diligence at the Kabwe lead, zinc and vanadium project in Zambia, and has elected to exercise its option to earn a 40% interest.

This will take Jubilee’s effective interest up to 57.41%, as it already owns a stake in its partner at Kabwe, BMR Group PLC (LON:BMR).

“The Jubilee board has satisfied itself that the Kabwe Project is indeed a project worthy of development,” said Jubilee chief executive Leon Coetzer.

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